Pitt Sees `Definite Impact' From SEC Pay Rule on Firms: Video

Oct. 19 (Bloomberg) -- Harvey Pitt, chief executive officer of Kalorama Partners LLC and former chairman of the US Securities and Exchange Commission, talks with Bloomberg's Mark Crumpton about the implications of a proposed SEC rule that would allow company shareholders to vote on executive salaries and bonuses. The shareholder votes would be non-binding, meaning investors' wishes could be ignored by a company's board of directors, the agency said in a statement. (Source: Bloomberg)
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